News Release Housing market sees slight changes in Vancouver, B.C. November 2, The Greater Vancouver housing market saw a slight increase in the number home sales, a slight reduction in the number listings, and a slight decrease in home prices in compared to the summer months. With those changes, the sales-to-active-listings ratio increased to 11 per cent in from 8 per cent in September. The Real Estate Board Greater Vancouver (REBGV) reported 1,931 residential property sales detached, attached and apartment properties on the region s Multiple Listing Service (MLS ) in, a 16.7 per cent decline compared to the 2,317 sales in 2011 and a 27.4 per cent increase compared to the 1,516 home sales in September. sales were 28.5 per cent below the 10-year sales average 2,700. Buyer demand increased slightly in compared to the previous few months, Sandra Wyant, REBGV president-elect said. Overall conditions in today s market remain in favour buyers, with low interest rates, more choice, and less time pressure in terms decision-making. This translates into a calmer atmosphere for those looking to buy a home and it places more onus on sellers to ensure their homes are priced to compete in today s marketplace. New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,323 in. This represents a 1.2 per cent decline compared to 2011 when 4,374 properties were listed for sale on the MLS and an 18.8 per cent decline compared to the 5,321 new listings in September. At 17,370, the total number residential property listings on the MLS increased 12 per cent from this time last year and declined 5.3 per cent compared to September. Since reaching a peak $625,100 in May, the MLS Home Index (MLS HPI ) composite benchmark price for all residential properties in Greater Vancouver declined 3.4 per cent to $603,800 in. This represents a 0.8 per cent decline compared to last year. There ve been modest price changes since they peaked in the spring. The largest reductions have occurred in the areas and property types that experienced the biggest price increases over the last few years, Wyant said. Since hitting a record high in April, the benchmark price a detached home on the Westside Vancouver has declined 8.6 per cent while detached homes in Richmond and West Vancouver have seen declines 6 per cent over the same time period. Continued
detached properties in Greater Vancouver reached 790 in, a decrease 18.9 per cent from the 974 detached sales recorded in 2011, and a 19.1 per cent decrease from the 976 units sold in 2010. Since reaching a peak in May, the benchmark price for a detached property in Greater Vancouver has declined 4.1 per cent to $927,500. apartment properties reached 803 in, a 16.2 per cent decrease compared to the 958 sales in 2011, and a decrease 18.4 per cent compared to the 984 sales in 2010. Since reaching a peak in May, the benchmark price for an apartment property in Greater Vancouver has declined 2.9 per cent to $368,800. Attached property sales in totalled 338, an 11.5 per cent decrease compared to the 382 sales in 2011, and a 10.3 per cent decrease from the 377 attached properties sold in 2010. Since reaching a peak in April, the benchmark price for an attached property in Greater Vancouver has declined 2.9 per cent to $457,700. -30- The real estate industry is a key economic driver in British Columbia. In 2011, 32,390 homes changed ownership in the Board's area, generating $1.36 billion in spin-f activity and 9,069 jobs. The total dollar value residential sales transacted through the MLS system in Greater Vancouver totalled $25 billion in 2011. The Real Estate Board Greater Vancouver is an association representing more than 11,000 REALTORS and their companies. The Board provides a variety member services, including the Multiple Listing Service. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR or visit www.rebgv.org. For more information please contact: Craig Munn, Assistant Manager Communication Real Estate Board Greater Vancouver Phone: (604) 730-3146 cmunn@rebgv.org
* Property Type Area Benchmark Index 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Residential / Composite Lower Mainland $543,000 153.3-0.5% -1.9% -2.2% -0.2% 9.7% 8.0% Greater Vancouver $603,800 158.3-0.4% -2.0% -2.9% -0.8% 11.2% 10.9% Bowen Island $586,200 127.1-1.0% -2.5% -5.4% -1.8% -3.4% -7.3% Burnaby East $563,300 155.5-0.2% -1.1% -2.0% 3.0% 9.8% 9.7% Burnaby North $508,500 151.9-0.2% -2.5% -3.2% -2.1% 7.7% 7.7% Burnaby South $572,100 161.3-0.6% -1.3% -1.7% -1.5% 13.3% 14.2% Coquitlam $502,800 148.7-0.9% -0.9% -0.5% 0.9% 9.5% 6.1% Ladner $526,600 146.5-2.1% -4.2% -4.7% -2.8% 7.9% 7.8% Maple Ridge $392,000 132.5 0.0% 0.4% 0.2% -0.5% 1.8% -3.7% New Westminster $363,700 156.1-0.8% -1.8% -2.8% -0.1% 7.8% 6.0% North Vancouver $648,300 146.7-1.3% -0.9% -1.4% 3.6% 8.2% 6.2% Pitt Meadows $379,700 137.5 0.1% 1.0% 0.5% -0.6% 2.3% -2.3% Port Coquitlam $398,800 141.6 0.1% -0.4% -2.2% -0.3% 2.5% -0.5% Port Moody $511,300 141.2-0.1% -0.1% 1.8% 4.7% 5.4% 1.4% Richmond $573,000 166.4 0.7% -2.1% -4.4% -2.5% 13.4% 18.1% Squamish $393,000 126.9-3.9% -3.2% -1.2% 3.8% 0.4% -2.0% Sunshine Coast $365,100 127.9-0.4% 0.0% -3.5% -1.3% -2.6% -6.6% Tsawwassen $596,800 150.4-0.7% -3.2% -1.2% -0.1% 10.8% 8.6% Vancouver East $608,000 177.9-0.2% -1.8% -1.2% 1.7% 17.3% 20.8% Vancouver West $791,500 166.8-0.2% -3.1% -4.4% -2.6% 12.7% 13.0% West Vancouver $1,547,200 166.1-1.4% -3.9% -5.7% 0.8% 24.7% 14.9% Whistler $579,200 159.7-2.4% -2.1% -1.2% 4.9% 26.0% 22.9% Single Family Detached Lower Mainland $757,600 161.0-0.7% -1.9% -2.4% -0.1% 17.2% 15.7% Greater Vancouver $927,500 171.4-0.9% -2.4% -3.8% -1.3% 21.0% 21.9% Bowen Island $586,200 127.1-1.0% -2.5% -5.4% -1.8% -3.4% -7.3% Burnaby East $742,400 166.0-1.2% -1.9% -3.4% 3.7% 17.3% 19.3% Burnaby North $915,500 176.7 0.5% -1.4% -1.8% 1.3% 23.3% 26.1% Burnaby South $988,600 189.5-1.5% -1.0% -0.2% 2.4% 33.4% 35.9% Coquitlam $708,200 156.9-0.8% -1.6% 0.0% 2.8% 15.8% 13.9% Ladner $607,100 146.5-2.5% -4.9% -6.3% -3.7% 9.4% 9.0% Maple Ridge $466,900 132.7-0.4% 0.8% 0.8% 1.6% 3.8% -1.2% New Westminster $659,100 163.5-1.9% -2.6% -4.2% 0.4% 15.8% 17.8% North Vancouver $945,500 150.9-1.6% -1.8% -2.0% 2.2% 12.7% 10.6% Pitt Meadows $503,100 140.4 0.3% 0.5% -0.1% -0.6% 4.6% 2.9% Port Coquitlam $556,400 148.6 0.1% -0.9% 0.1% 2.4% 9.5% 8.4% Port Moody $853,300 158.1 0.3% 0.1% 3.2% 6.9% 17.3% 13.5% Richmond $964,900 194.3 0.2% -1.5% -6.0% -4.0% 28.8% 36.6% Squamish $494,900 133.7-2.6% -1.5% -0.1% 1.0% 3.9% 3.0% Sunshine Coast $364,500 127.7-0.2% 0.2% -3.3% -1.5% -2.7% -6.7% Tsawwassen $722,600 155.6-0.2% -2.1% -0.6% 1.8% 16.2% 12.7% Vancouver East $842,300 186.0-0.9% -2.4% -1.1% 1.9% 26.4% 31.7% Vancouver West $2,061,400 211.8-1.3% -5.0% -8.6% -7.7% 32.6% 36.8% West Vancouver $1,823,300 173.6-1.3% -4.5% -6.1% 1.9% 29.5% 20.3% Whistler $844,200 125.4-0.5% 0.7% 3.1% -5.5% -3.0% -3.8% HOW TO READ THE TABLE: Benchmark : Estimated sale price a benchmark property. Benchmarks represent a typical property within each market. Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. x Month/Year : Percentage change index over a period x month(s)/year(s) In January 2005, the indexes are set to 100. * Townhome properties are similar to Attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN. * MLS, Multiple Listing Service, and all related graphics are trademarks The Canadian Real Estate Association 1 10
* Property Type Area Benchmark Index 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Townhouse Lower Mainland $390,100 141.6-0.6% -2.3% -3.1% -2.3% 4.1% 2.4% Greater Vancouver $457,700 148.5-0.2% -2.4% -2.9% -2.0% 7.0% 7.2% Burnaby East $415,400 149.0-1.1% -1.5% -1.4% 2.9% 6.9% 7.6% Burnaby North $387,800 144.6-1.5% -3.0% -4.9% -8.9% 3.7% 2.5% Burnaby South $411,900 147.8-1.4% -1.3% -3.1% -3.3% 5.9% 7.7% Coquitlam $387,900 142.5 1.2% 1.4% 1.3% 1.0% 6.2% 3.5% Ladner $450,300 149.2 0.2% 1.8% 0.0% 3.0% 7.9% 8.1% Maple Ridge $271,500 131.9-0.3% -2.3% -1.2% -5.4% -1.3% -7.0% New Westminster $398,200 149.6 0.9% 0.3% -0.2% 3.9% 9.7% 9.3% North Vancouver $578,700 138.5 0.4% -3.1% -4.4% -1.8% 2.7% 4.4% Pitt Meadows $322,200 139.4-1.7% 0.2% 1.2% 1.7% 4.7% -0.9% Port Coquitlam $370,600 141.1 1.0% -0.6% -3.0% 0.1% 2.5% -0.4% Port Moody $411,300 139.0-0.1% -0.2% 0.8% 0.9% 3.1% -1.1% Richmond $495,500 160.2-0.2% -2.1% -2.6% -3.6% 12.7% 17.2% Squamish $337,500 122.5-4.6% -4.8% -5.5% 5.5% -4.4% -2.4% Tsawwassen $462,500 143.0 1.2% 0.4% -1.4% -3.1% 3.4% 3.6% Vancouver East $503,500 166.0-0.3% -4.5% -4.2% -1.8% 9.9% 11.2% Vancouver West $677,700 153.3 0.8% -4.7% -4.4% 0.5% 8.9% 11.0% Whistler $437,600 133.7-5.4% -5.5% -9.7% 3.4% 4.4% 6.5% Apartment Lower Mainland $338,000 148.3-0.1% -1.4% -1.6% 0.6% 2.8% 0.3% Greater Vancouver $368,800 149.1 0.1% -1.5% -1.8% 0.3% 3.4% 2.0% Burnaby East $366,500 139.1 3.8% 0.1% -0.8% 3.0% -6.4% -9.2% Burnaby North $328,900 139.0 0.0% -2.7% -2.9% -1.6% -0.9% -2.2% Burnaby South $373,600 150.0 0.5% -1.3% -2.5% -4.0% 4.5% 4.5% Coquitlam $251,200 138.3-2.3% -0.6% -2.3% -2.3% 0.9% -4.7% Ladner $303,800 144.0-2.8% -7.8% -2.8% -4.6% 2.6% 3.2% Maple Ridge $183,000 133.4 2.1% 3.4% -0.3% -1.5% -1.9% -10.8% New Westminster $269,700 154.2-0.5% -1.7% -2.6% -0.8% 4.9% 2.3% North Vancouver $353,700 143.6-1.4% 0.9% 0.4% 6.9% 4.5% 1.6% Pitt Meadows $222,700 131.6 1.5% 3.2% 1.9% -1.8% -3.2% -12.0% Port Coquitlam $223,200 132.3-0.8% 0.5% -5.0% -4.6% -6.6% -11.8% Port Moody $312,700 130.3-0.6% -0.3% 1.0% 5.4% -2.0% -5.6% Richmond $340,100 144.2 1.6% -2.8% -3.8% -0.4% -1.6% 1.1% Squamish $241,900 116.4-6.7% -4.6% 1.1% 14.3% -3.3% -12.7% Tsawwassen $324,900 136.7-2.4% -6.9% -2.8% -4.9% -2.6% -2.1% Vancouver East $308,500 170.2 0.9% -0.8% -1.0% 2.6% 7.7% 9.2% Vancouver West $466,500 151.0 0.2% -2.0% -1.8% 0.0% 4.1% 3.1% West Vancouver $611,000 133.5-2.2% -0.5% -3.2% -4.4% 3.0% -8.3% Whistler $240,100 220.3-0.5% -4.3% -0.9% 2.2% 83.0% 65.3% HOW TO READ THE TABLE: Benchmark : Estimated sale price a benchmark property. Benchmarks represent a typical property within each market. Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. x Month/Year : Percentage change index over a period x month(s)/year(s) In January 2005, the indexes are set to 100. Townhome properties are similar to attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. * Lower Mainland includes areas serviced by both Real Estate Board Greater Vancouver & Fraser Valley Real Estate Board. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN. * MLS, Multiple Listing Service, and all related graphics are trademarks The Canadian Real Estate Association 2 10
Oct Aug Jun Apr Feb Dec 2011 Oct 2011 Aug 2011 C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif Greater Vancouver 5 Year Trend Residential Detached Townhouse Apartment Jan 2005 HPI = 100 190 180 170 160 150 140 130 Index 120 110 100 90 Jun 2011 Apr 2011 Feb 2011 Dec 2010 Oct 2010 Aug 2010 Jun 2010 Apr 2010 Feb 2010 Dec 2009 Oct 2009 Aug 2009 Jun 2009 Apr 2009 Feb 2009 Dec 2008 Oct 2008 Aug 2008 Jun 2008 Apr 2008 Feb 2008 Dec 2007 Oct 2007
10 19 MLS SALES Facts Burnaby Coquitlam Delta - South Islands - Gulf Maple Ridge/Pitt Meadows New Westminster North Vancouver Port Coquitlam Port Moody/Belcarra Richmond Squamish Sunshine Coast Vancouver East Vancouver West West Vancouver/Howe Sound Whistler/Pemberton Detached 56 68 34 4 89 26 78 32 7 79 14 46 93 104 51 9 790 Attached 58 20 3 0 29 9 25 19 11 61 4 5 21 49 2 22 338 Apartment 122 52 10 0 30 50 56 15 14 85 3 5 70 264 12 15 803 Detached $860,000 $710,000 $639,000 n/a $457,000 $610,000 $918,500 $514,000 n/a $1,038,000 n/a $356,250 $825,000 $2,182,500 $1,758,000 n/a Attached $526,000 $450,000 n/a n/a $275,250 n/a $615,000 n/a n/a $507,000 n/a n/a $622,000 $843,000 n/a $602,500 n/a Apartment $377,500 $256,900 n/a n/a $202,450 $299,950 $405,000 n/a n/a $325,000 n/a n/a $310,000 $482,450 n/a n/a September Detached 38 67 29 1 68 12 44 21 10 54 10 30 74 86 43 7 594 Attached 37 23 1 0 13 6 13 10 9 46 8 1 19 35 2 23 246 Apartment 99 53 11 0 18 41 43 10 11 73 1 7 71 212 12 14 676 Detached $875,500 $692,500 $635,000 n/a $483,000 n/a $975,000 $538,500 n/a $924,400 n/a $418,000 $862,500 $2,035,000 $1,838,000 n/a Attached $436,500 $442,900 n/a n/a n/a n/a n/a n/a n/a $531,500 n/a n/a n/a $669,000 n/a $525,000 n/a Apartment $365,000 $288,500 n/a n/a n/a $278,000 $371,400 n/a n/a $315,500 n/a n/a $347,250 $490,875 n/a n/a 2011 Detached 93 85 35 6 85 29 92 35 18 106 16 32 126 120 90 6 974 Attached 61 30 6 0 36 7 25 19 26 63 6 0 37 45 4 17 382 Apartment 122 57 13 0 18 67 86 24 21 94 1 5 99 327 13 11 958 Detached $910,000 $730,000 $725,000 n/a $477,500 $658,500 $912,000 $540,556 n/a $999,999 n/a $427,500 $837,500 $2,220,000 $1,800,000 n/a Attached $463,900 $509,775 n/a n/a $289,649 n/a $670,000 n/a $479,750 $549,900 n/a n/a $608,000 $975,000 n/a n/a n/a Apartment $348,650 $314,900 n/a n/a n/a $303,000 $382,250 $229,500 $345,000 $343,000 n/a n/a $342,900 $475,000 n/a n/a Jan. - Oct. Year-to-date Detached 731 956 395 31 949 247 828 346 163 856 158 428 1,122 1,117 548 90 8,965 Attached 604 342 58 1 335 108 258 197 171 642 80 37 310 466 60 199 3,868 Apartment 1,255 605 107 0 257 663 668 245 196 966 35 48 1,026 3,020 143 137 9,371 Detached $920,000 $736,450 $670,000 $375,000 $478,000 $665,000 $998,000 $543,750 $780,000 $977,944 $500,500 $398,500 $870,000 $2,080,000 $1,851,000 $966,300 Attached $475,000 $464,250 $444,750 n/a $292,000 $425,000 $640,000 $387,500 $436,000 $526,000 $354,750 $275,000 $628,000 $860,000 $1,174,400 $562,000 n/a Apartment $367,000 $284,125 $326,500 n/a $215,000 $305,000 $377,490 $242,800 $333,500 $335,450 $251,000 $254,750 $345,000 $481,000 $710,000 $226,000 Jan. - Oct. 2011 Year-to-date Detached 1,133 1,166 548 32 983 303 1,062 398 202 1,544 156 394 1,612 1,803 1,059 88 12,483 Attached 739 470 75 1 424 117 324 204 201 896 77 37 366 654 52 138 4,775 Apartment 1,603 615 132 0 238 761 753 253 238 1,372 31 50 1,004 3,799 184 78 11,111 Detached $899,000 $709,000 $660,000 $552,500 $483,000 $622,500 $920,000 $539,900 $818,000 $998,000 $483,000 $395,000 $825,000 $2,061,500 $1,788,000 $850,000 Attached $490,000 $450,450 $447,000 n/a $306,771 $411,500 $634,000 $390,000 $433,000 $546,400 $345,000 $272,500 $600,000 $870,000 $1,119,500 $576,250 n/a Apartment $355,000 $290,000 $338,000 n/a $214,410 $301,750 $365,000 $239,000 $335,000 $352,650 $231,000 $302,000 $344,000 $488,000 $729,000 $235,500 Note: s are not reported for areas with less than 20 sales or for the Gulf Islands
10 19 MLS LISTINGS Facts Burnaby Coquitlam Delta - South Islands - Gulf Maple Ridge/Pitt Meadows New Westminster North Vancouver Port Coquitlam Port Moody/Belcarra Richmond Squamish Sunshine Coast Vancouver East Vancouver West West Vancouver/Howe Sound Whistler/Pemberton % to Detached 136 139 54 7 175 42 135 49 37 210 34 77 215 226 134 21 1,691 Attached 100 67 12 0 57 18 51 48 20 122 22 5 70 115 15 32 754 Apartment 214 127 26 0 45 125 136 46 29 211 18 7 154 667 40 33 1,878 Detached 41% 49% 63% 57% 51% 62% 58% 65% 19% 38% 41% 60% 43% 46% 38% 43% Attached 58% 30% 25% n/a 51% 50% 49% 40% 55% 50% 18% 100% 30% 43% 13% 69% n/a Apartment 57% 41% 38% n/a 67% 40% 41% 33% 48% 40% 17% 71% 45% 40% 30% 45% September % to Detached 208 221 70 8 205 50 222 72 38 248 32 86 250 324 193 26 2,253 Attached 115 58 20 0 48 26 92 52 38 152 18 10 79 134 24 30 896 Apartment 292 156 24 0 45 140 191 48 66 206 12 10 213 686 40 43 2,172 Detached 18% 30% 41% 13% 33% 24% 20% 29% 26% 22% 31% 35% 30% 27% 22% 27% Attached 32% 40% 5% n/a 27% 23% 14% 19% 24% 30% 44% 10% 24% 26% 8% 77% n/a Apartment 34% 34% 46% n/a 40% 29% 23% 21% 17% 35% 8% 70% 33% 31% 30% 33% 2011 % to Detached 140 167 37 8 202 38 116 52 33 216 38 69 199 296 149 26 1,786 Attached 93 64 6 3 56 13 52 35 20 140 12 8 47 94 15 38 696 Apartment 223 134 22 0 43 116 140 75 43 199 26 4 170 631 20 36 1,882 Detached 66% 51% 95% 75% 42% 76% 79% 67% 55% 49% 42% 46% 63% 41% 60% 23% Attached 66% 47% 100% 0% 64% 54% 48% 54% 130% 45% 50% 0% 79% 48% 27% 45% n/a Apartment 55% 43% 59% n/a 42% 58% 61% 32% 49% 47% 4% 125% 58% 52% 65% 31% Jan. - Oct. Year-to-date* % to Detached 2,009 1,956 750 128 2,137 456 1,763 683 429 3,113 426 1,154 2,563 3,343 1,590 306 22,806 Attached 1,294 708 118 2 674 229 601 379 351 1,540 217 102 690 1,230 161 358 8,654 Apartment 3,106 1,476 248 0 573 1,502 1,642 560 496 2,646 184 115 2,085 7,434 363 351 22,781 Detached 36% 49% 53% 24% 44% 54% 47% 51% 38% 27% 37% 37% 44% 33% 34% 29% Attached 47% 48% 49% 50% 50% 47% 43% 52% 49% 42% 37% 36% 45% 38% 37% 56% n/a Apartment 40% 41% 43% n/a 45% 44% 41% 44% 40% 37% 19% 42% 49% 41% 39% 39% Jan. - Oct. 2011 Year-to-date* % to Detached 1,906 2,009 809 146 2,079 443 1,693 652 426 3,448 421 1,103 2,672 3,336 1,847 286 23,276 Attached 1,281 776 120 3 695 192 561 352 373 1,765 179 86 608 1,225 111 416 8,743 Apartment 2,871 1,364 230 10 565 1,414 1,574 660 560 2,830 228 163 1,918 7,588 342 352 22,669 Detached 59% 58% 68% 22% 47% 68% 63% 61% 47% 45% 37% 36% 60% 54% 57% 31% Attached 58% 61% 63% 33% 61% 61% 58% 58% 54% 51% 43% 43% 60% 53% 47% 33% n/a Apartment 56% 45% 57% 0% 42% 54% 48% 38% 43% 48% 14% 31% 52% 50% 54% 22% * Year-to-date listings represent a cumulative total listings rather than total active listings.
Listing & Activity Summary 1 2 3 Col. 2 & 3 5 6 7 Col. 6 & 7 9 10 Col. 9 & 10 Oct Sep Oct Percentage Oct Sep Oct Percentage Aug 2011 - Aug - Percentage 2011 Variance 2011 Variance Oct 2011 Oct Variance BURNABY % % % DETACHED 140 208 136-34.6 93 38 56 47.4 263 136-48.3 ATTACHED 93 115 100-13.0 61 37 58 56.8 176 140-20.5 APARTMENTS 223 292 214-26.7 122 99 122 23.2 428 308-28.0 COQUITLAM DETACHED 167 221 139-37.1 85 67 68 1.5 303 193-36.3 ATTACHED 64 58 67 15.5 30 23 20-13.0 93 66-29.0 APARTMENTS 134 156 127-18.6 57 53 52-1.9 163 146-10.4 DELTA DETACHED 37 70 54-22.9 35 29 34 17.2 115 101-12.2 ATTACHED 6 20 12-40.0 6 1 3 200.0 24 9-62.5 APARTMENTS 22 24 26 8.3 13 11 10-9.1 41 32-22.0 MAPLE RIDGE/PITT MEADOWS DETACHED 202 205 175-14.6 85 68 89 30.9 270 228-15.6 ATTACHED 56 48 57 18.8 36 13 29 123.1 97 72-25.8 APARTMENTS 43 45 45 0.0 18 18 30 66.7 64 75 17.2 NORTH VANCOUVER DETACHED 116 222 135-39.2 92 44 78 77.3 244 173-29.1 ATTACHED 52 92 51-44.6 25 13 25 92.3 83 52-37.3 APARTMENTS 140 191 136-28.8 86 43 56 30.2 197 147-25.4 NEW WESTMINSTER DETACHED 38 50 42-16.0 29 12 26 116.7 81 55-32.1 ATTACHED 13 26 18-30.8 7 6 9 50.0 22 24 9.1 APARTMENTS 116 140 125-10.7 67 41 50 22.0 201 149-25.9 PORT MOODY/BELCARRA DETACHED 33 38 37-2.6 18 10 7-30.0 52 29-44.2 ATTACHED 20 38 20-47.4 26 9 11 22.2 64 37-42.2 APARTMENTS 43 66 29-56.1 21 11 14 27.3 59 46-22.0 PORT COQUITLAM DETACHED 52 72 49-31.9 35 21 32 52.4 96 80-16.7 ATTACHED 35 52 48-7.7 19 10 19 90.0 58 46-20.7 APARTMENTS 75 48 46-4.2 24 10 15 50.0 72 43-40.3 RICHMOND DETACHED 216 248 210-15.3 106 54 79 46.3 310 193-37.7 ATTACHED 140 152 122-19.7 63 46 61 32.6 195 161-17.4 APARTMENTS 199 206 211 2.4 94 73 85 16.4 294 223-24.1 SUNSHINE COAST DETACHED 69 86 77-10.5 32 30 46 53.3 117 123 5.1 ATTACHED 8 10 5-50.0 0 1 5 400.0 8 9 12.5 APARTMENTS 4 10 7-30.0 5 7 5-28.6 13 16 23.1 SQUAMISH DETACHED 38 32 34 6.3 16 10 14 40.0 46 35-23.9 ATTACHED 12 18 22 22.2 6 8 4-50.0 22 20-9.1 APARTMENTS 26 12 18 50.0 1 1 3 200.0 6 7 16.7 VANCOUVER EAST DETACHED 199 250 215-14.0 126 74 93 25.7 415 246-40.7 ATTACHED 47 79 70-11.4 37 19 21 10.5 92 55-40.2 APARTMENTS 170 213 154-27.7 99 71 70-1.4 250 216-13.6 VANCOUVER WEST DETACHED 296 324 226-30.2 120 86 104 20.9 354 265-25.1 ATTACHED 94 134 115-14.2 45 35 49 40.0 154 124-19.5 APARTMENTS 631 686 667-2.8 327 212 264 24.5 981 723-26.3 WHISTLER DETACHED 26 26 21-19.2 6 7 9 28.6 30 26-13.3 ATTACHED 38 30 32 6.7 17 23 22-4.3 55 61 10.9 APARTMENTS 36 43 33-23.3 11 14 15 7.1 28 43 53.6 WEST VANCOUVER/HOWE SOUND DETACHED 149 193 134-30.6 90 43 51 18.6 241 118-51.0 ATTACHED 15 24 15-37.5 4 2 2 0.0 9 8-11.1 APARTMENTS 20 40 40 0.0 13 12 12 0.0 38 30-21.1 GRAND TOTALS DETACHED 1778 2245 1684-25.0 968 593 786 32.5 2937 2001-31.9 ATTACHED 693 896 754-15.8 382 246 338 37.4 1152 884-23.3 APARTMENTS 1882 2172 1878-13.5 958 676 803 18.8 2835 2204-22.3
Residential Average Sale s - January 1977 to IN THOUSANDS ($) DETACHED CONDOMINIUM ATTACHED APARTMENTS 1400 $1,116,108 1200 1000 800 $583,376 600 400 $429,371 200 0 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 NOTE: From 1977-1984 condominium averages were not separated into attached & apartment.